Org.nr 988 964 778 2022 → 2023 Year-over-year analysis

AC MOWINCKEL HOLDING AS: årsregnskap 2023 vs 2022

Shrank 100% on revenue, stronger earnings

approved 2024-06-26; registry 2024-07-06; journal 2024 585612

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AC MOWINCKEL HOLDING AS. Revenue 958.6k NOK → 4 635 NOK (-99.5%). Net result +1.80m NOK → +3.42m NOK. Equity 58.76m NOK → 57.18m NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AC MOWINCKEL HOLDING AS.

Scorecard

Revenue
958.6k NOK 4 635 NOK
-99.5%
Operating result
+255.6k NOK +367.0k NOK
+43.6%
Net result
+1.80m NOK +3.42m NOK
+89.7%
Equity
58.76m NOK 57.18m NOK
-2.7%
Cash
375.0k NOK 706.7k NOK
+88.5%
Total assets
68.12m NOK 67.04m NOK
-1.6%

What improved

  • ↑

    Operating result improved

    Operating result +255.6k NOK → +367.0k NOK (op. margin 26.7% → 7918.2%). Calculated

  • ↑

    Net result improved

    Net result +1.80m NOK → +3.42m NOK (net margin 188.1% → 73781.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 375.0k NOK → 706.7k NOK (+88.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 958.6k NOK to 4 635 NOK (-99.5% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 58.76m NOK → 57.18m NOK (equity ratio 86.3% → 85.3%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 76.6k NOK → 46.5k NOK. Reported fact